Steno Signals is a weekly editorial where Andreas Steno Larsen shares what hot topics within global macro mean for cross-asset allocation. Each week, he boils down his thoughts on growth, inflation, and liquidity across countries. In this edition, Andreas breaks down the strength of the US economy, the liquidity picture, Fed and inflation expectations, and how to stay ahead as an investor in the mad world of Trump headlines. Written on January 26, 2025.
